Jim Cramer highlighted Honeywell International Inc. (HON), mentioning its strong stock performance, recent share price target increases by JPMorgan and RBC Capital, and the planned spinoff of its aerospace unit. He noted the aerospace spinoff is expected early in the second half. The article also touches on Honeywell’s quantum computing business spinoff and suggests that while HON is a potential investment, some AI stocks may offer greater promise.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Jim Cramer Discusses Honeywell (HON)'s Aerospace Spinoff
Jim Cramer highlighted Honeywell International Inc. (HON), mentioning its strong stock performance, recent share price target increases by JPMorgan and RBC Capital, and the planned spinoff of its aerospace unit. He noted the aerospace spinoff is expected early in the second half. The article also touches on Honeywell’s quantum computing business spinoff and suggests that while HON is a potential investment, some AI stocks may offer greater promise.